California to fund $1.2B in port improvement projects
California will spend $1.2 billion to upgrade port and supply chain infrastructure, with most of the money earmarked for improving the flow of goods at the ports of Los Angeles and Long Beach.
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Airlines fill less cargo space as consumer spending, trade sag
Prospects for a fourth-quarter bounce in air cargo business as retailers stock up for the holidays are dim, the culmination of a gradual slowdown in shipment traffic and costs since Russia’s invasion of Ukraine in March.
Southern California’s notorious container ship backup ends
The Marine Exchange of Southern California says the queue of container ships waiting for berths at the ports of Los Angeles and Long Beach fell to just four vessels this week after exceeding 100 ships early this year.
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How seasonal changes impact freight embargoes
As unexpected weather-related events become more common, what are the chances that freight embargoes could disrupt a somewhat upbeat outlook?